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Nov 20, 2012
11/12
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apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we have seen people talk about a possible compromise. is that something that's accepted? >> no. >> democrats aren't budging. the union breaks news on my radio show. >> how will you feel if the bush tax cuts expired across the board and we started over with the obama tax cuts? >> i think that would be acceptable. >> former labor secretary robert rush and bill pascrell on the latest movement on the fight for the middle class. >> a judge orders mediation for hostess and its employees. but make no mistake, the vulture capitalists will get their cut. i'll talk twinkie. >>> plus john mccain continues to spiral out of control over benghazi. >> the chickens are now coming home to roost. >> the banks revolt against elizabeth warren. >>> and workers are threatening strikes at walmart stores across america. >> we expect our associates to do their job. >> josh ed elson has the latest on the workers versus walmart. >>> good to have you with us. thanks for watching. democratic
apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we have seen people talk about a possible compromise. is that something that's accepted? >> no. >> democrats aren't budging. the union breaks news on my radio show. >> how will you feel if the bush tax cuts expired across the board and we started over with the obama tax cuts? >> i think that would be acceptable. >> former labor secretary robert rush and bill...
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Nov 19, 2012
11/12
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and that's actually very important for speaker boehner because despite the loss that paul ryan had on a national level, he still has a considerable amount of clout within the house republican conference where a lot of folks will look towards where ryan goes. if ryan votes yes, that gives them enough cover to vote yes on a deal. >> the republican house conference seems to be operating in an alternative universe because mr. ryan told abc that the president didn't have a mandate. rather, he and his house gap gop have one. he said i think the ideas we talked about, i think they're popular ideas. did the election not happen? >> when they say they're popular ideas, they believe that -- >> that the electorate dismissed them and did not vote for them. >> but they believe that the issue of the debt is still one that they're very strong on, that people do not like to have the $16 trillion debt, that their policies are the best moving forward. but, look, martin, if anything else what you are seeing here is a very smart political ploy by speaker boehner trying not to allow what happened in august
and that's actually very important for speaker boehner because despite the loss that paul ryan had on a national level, he still has a considerable amount of clout within the house republican conference where a lot of folks will look towards where ryan goes. if ryan votes yes, that gives them enough cover to vote yes on a deal. >> the republican house conference seems to be operating in an alternative universe because mr. ryan told abc that the president didn't have a mandate. rather, he...
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Nov 20, 2012
11/12
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i would be much happier if he was spending his time on the weekend talking to john boehner, majority leader reid, minority leader nancy policy. lou: isis and the president would interrupt the congressional thanksgiving holiday just because of a national crisis? >> we need a deal quickly. listing the business community confidence decline. this makes it worse, in those circumstances it is hard to imagine the household sector will remain strong. it has hung in there so far but we will not get real growth with negative investments. this deal has to get settled quickly in my view. lou: it was striking treasury secretary timothy geithner chose now is the time to talk about the importance of lifting through infinity but that feeling that is imposed by congress. i cannot believe the treasury secretary facing all of the issues that we do as a nation and its economy, the fiscal cliff would choose now to talk about the debt ceiling, for crying out loud. >> we have the fiscal cliff and there is a debt ceiling, that does not have to come up in february or march. we have a big debt problem. the pr
i would be much happier if he was spending his time on the weekend talking to john boehner, majority leader reid, minority leader nancy policy. lou: isis and the president would interrupt the congressional thanksgiving holiday just because of a national crisis? >> we need a deal quickly. listing the business community confidence decline. this makes it worse, in those circumstances it is hard to imagine the household sector will remain strong. it has hung in there so far but we will not...
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Nov 19, 2012
11/12
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that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough resources. what you described is a formula and a blueprint for hampering a future. you cannot go forward -- you have to cut some investments. if you cut too many, you are hampering growth, you are hampering education and investments in the future. >> even thousands of miles away it appears president obama is still focused on negotiations. while touring a royal monastery with secretary of state clinton the president was overheard mentioning the budget talks to a monk. the president later clarified his comments at a news conference. >> i always believe in prayer. i believe in prayer when i go to church back home and if a buddhist monk is wishing me well, i'm going to take whatever good vibes he can give me to try to deal w
that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough resources. what you described is a formula and a blueprint for hampering a future. you cannot go...
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Nov 17, 2012
11/12
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WETA
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they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you cannot tax your way out of this debt, you cannot slash expenses and get out of this in debt. you have got to do both. >> somewhat gradually. >> the president seems to be offering a two-for-one deal -- for every $1 of tax increase, he will cut expenses by $2. simpson-bowles wanted a one-to-3 ratio. the republicans want zero. >> but they have the business community that does not want us to go for the cliff -- >> if you use a different language, are there republicans amenable to an increase in taxes -- >> use the word "revenue." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50
they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you...
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Nov 16, 2012
11/12
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. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a bottle of 1997 brunelo retailing for $125. "parks and recreations" gets her moment with the vice president. >> this isn't happening. this -- this isn't real. >> no. it's happening. i'm delighted to have you here. on behalf of the president and myself i want to -- be. >> oh, mr. vice president. i am deeply flattered but there's no way i could take over madam secretary's position. i want to say thank you. >> you're very welcome. you're very welcome. you're very welcome. >> you're very handsome. >> well done. >> good day. i'm andrea mitchell live in washington. there's a career there for somebody. for the third day on a serious note, israel and hamas are trading fire with fire ringing out in jerusalem for the first time. so far israel's campaign ha
. >> tomorrow is speaker boehner's birthday so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were needed. >> yeah, right. >> but we want to wish him a happy birthday. >> that's 63 candles and one for good luck. the president did give him a bottle of 1997 brunelo retailing for $125. "parks and recreations" gets her moment with the vice president. >>...
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Nov 12, 2012
11/12
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FOXNEWSW
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if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very hurtf artful way in which many people heard differently. >> are you willing to accept more revenue if it doesn't mean the bush tax cut has to be rescinded for the wealthy and rises from 35 to 39 percent. if they make the matt work. >> the issue is the math. the starting point should be going back to clinton era rates. then proceeding with tax reform as the speaker may have been talking about if he was generally talking about eliminating revenues to eliminating loopholes. >> let's right now extend the bush tax cut rates for the 98 percent of the people making less than 250,000 dollars. he says i will sign it
if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very...
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Nov 13, 2012
11/12
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CNBC
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there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform. >> you want to grant design. that's very -- interesting point of view. >> doesn't have to be grand. we play to take two bites at it, debt ceiling coming up which i think, by the way, debt ceiling is the more important day personally than the fiscal cliff issue because we are not fiscal cliff is not going to happen. okay. simply is not going to happen. so -- to me, the focus ought to be on solvency and if we can deal with that and take a big step out of that, big step towards solving that, during this december, i agree with you. i think the
there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform....
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Nov 13, 2012
11/12
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CURRENT
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therefore they're not going to go along--even if boehner wants them to go along. both sides the president and democrats on one side, boehner and the republicans are basically maneuvering for bargaining position for what is going to be a long-term negotiation. >> eliot: they're just shadow boxing, i think that's exactly right. i wonder and i'm trying to assess--i have no knowledge of what goes on inside the republican party but i'm trying to discern if boehner has more strength now than he did when this negotiation took place lose yearlastyear. does he have the political strength because his party lost, can he look eric cantor in the eye and other republican leaders in the eye and say we have no choice but to cut a deal that is now on the president's terms? >> i think the strongest bargaining level he has is not so much that the republicans lost the election but beginning january 1st tax rates do go up particularly on the wealthy automatically. that's when the bush tax cut is basically terminated. the president has that bargaining power. essentially in washington d
therefore they're not going to go along--even if boehner wants them to go along. both sides the president and democrats on one side, boehner and the republicans are basically maneuvering for bargaining position for what is going to be a long-term negotiation. >> eliot: they're just shadow boxing, i think that's exactly right. i wonder and i'm trying to assess--i have no knowledge of what goes on inside the republican party but i'm trying to discern if boehner has more strength now than he...
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Nov 16, 2012
11/12
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 18, 2012
11/12
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KQED
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. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get rid you have got to do both. >> someone gradually. >> president seems to be offering a two-for-one deal, for every $1 of tax increase, he will cut taxes by two dollars. simpson-bowles wanted a one-to-3 ratio. publicans 10. -- republicans want zero. >> business community does not want us to go over the cliff. >> what the republicans amenable to increases in taxes -- >> use the word "revenue." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behi
. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get...
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Nov 16, 2012
11/12
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 12, 2012
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how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million. the republican party is going to defend a bunch of millionaires, half who voted democratic and hatch live in hollywood. >> although tom price who is running to lead the house republican conference said sunday he is open to closing some tax loopholes, he did buck boehner on the issue of health care. >> question, do most house republicans, do you agree with speaker boehner that repeal of obama care with this election, with his re-election, is debt? >> we're not opposed to the president's health care law because of the election. we're opposed because it's bad policy and
how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million....
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Nov 13, 2012
11/12
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but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i don't think. i don't know why republicans don't take obama's offer to freeze taxes for everyone below $250,000. make it $500,000, make it a million. the republican party is going to defend a bunch of millionaires, half of w
but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is...
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Nov 13, 2012
11/12
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look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so, the real question is, whether he's able to go back to that tea party link and say what armstrong just said, work with the president, some degree on compromise on taxes and raising revenues. i think it's an open question whether he can do that and whether he can succeed in doing that. >> gentlemen, thanks so much. i appreciate your time today. >>> stick around. up next, i got actor and activist ally sheedy waiting in the wings. she'll be with me in a second. >>> welcome back. tens of thousands are still in the dark after hurricane sandy. power crews in new york and new j
look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so,...
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Nov 19, 2012
11/12
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the president wants to generate $1.6 trillion in revenue over 10 years and speaker boehner said he is more interested in half that amount. >>shepard: all of the tax cuts are going to expire because the republicans and democrats signed off on it. what they can do now is re-instate the tax cuts. >>gerri: extend them. >>shepard: the president is vetoing them for the richest. if they don't do anything they expire if everyone. the fiscal cliff has had problems and impact on how corporations are doing business. >>gerri: these are new numbers, the "wall street journal" put these out saying that overall spending by companies is down 1.3 percent and capital spending down, as well. companies are retrenching, spending less. they decided they want to spend husband h -- spend less because this is uncertainty. >>gerri: we need the companies to hire people and expand and open more plants around the world and in the united states. >>shepard: that would be nice. >> we have the executive business editor and assistant managing editor of the the "wall street journal," parent company of this network. wher
the president wants to generate $1.6 trillion in revenue over 10 years and speaker boehner said he is more interested in half that amount. >>shepard: all of the tax cuts are going to expire because the republicans and democrats signed off on it. what they can do now is re-instate the tax cuts. >>gerri: extend them. >>shepard: the president is vetoing them for the richest. if they don't do anything they expire if everyone. the fiscal cliff has had problems and impact on how...
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Nov 15, 2012
11/12
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 12, 2012
11/12
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speaker boehner was asked this week whether the republican drive to kill obamacare, is dead. here's what he said: >> it is pretty clear the president was reelected. obamacare is the law of the land. >> chris: question: do most house republicans, do you agree with speaker boehner, repeal of obamacare with this election, with his re-election, is dead? >> no. as a physician i can tell you that the reason -- we're not opposed to the president's health care law because of the election, we're opposed because it is bad policy and bad for the patients across this land. we actually must get a handle on this spending in this country and in order to do that, it has to be through medicare and medicaid reform an social security reform, all three programs under current law are destined for fewer. we need fundamental reforms to save and strengthen and secure the programs for this generation and, future generations, that is what really -- >> the election, yes, you still have the majority in the house but you lost the election on the presidential level, and you will not kill obamacare for the
speaker boehner was asked this week whether the republican drive to kill obamacare, is dead. here's what he said: >> it is pretty clear the president was reelected. obamacare is the law of the land. >> chris: question: do most house republicans, do you agree with speaker boehner, repeal of obamacare with this election, with his re-election, is dead? >> no. as a physician i can tell you that the reason -- we're not opposed to the president's health care law because of the...
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Nov 13, 2012
11/12
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speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street journal" reporter says you could be look at 50 percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling th
speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street...
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Nov 15, 2012
11/12
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WUSA
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. >> reporter: but john boehner has ball clubbed at that idea. it would take away his party's leverage in calf issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both side is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the second term
. >> reporter: but john boehner has ball clubbed at that idea. it would take away his party's leverage in calf issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of...
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Nov 15, 2012
11/12
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house speaker john boehner said do want togop with the president, but they do not want to raise taxes. the two sides cannot come up deal, spending cuts and taxes kick in automatically january 1. one of the nation's most is castingusinessmen forecast. warren buffett says there will recession if spending cuts and higher taxes becomes the law. calling on house make a dealto happen. if 25 republicans decide to pushed the country above party and sign up for something that we do not need to go over the fiscal cliff. >> he says we will not permanently cripple ourselves because 535 people cannot get along. the district need aur help in the search for high-school principal charged in former school employees. atective said there is of thelmar the rest jarrett -- arrest of thelma jarrett. themselvesers turned today.lice earlier more tonightg about the expanding search for a believe shot a manager at a wal-mart. police released three surveillance photos of the suspect. demanded money from employees the wal-mart near one -- near route 198. is askedth information to call police. monitoring the stor
house speaker john boehner said do want togop with the president, but they do not want to raise taxes. the two sides cannot come up deal, spending cuts and taxes kick in automatically january 1. one of the nation's most is castingusinessmen forecast. warren buffett says there will recession if spending cuts and higher taxes becomes the law. calling on house make a dealto happen. if 25 republicans decide to pushed the country above party and sign up for something that we do not need to go over...
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Nov 16, 2012
11/12
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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Nov 18, 2012
11/12
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president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little better lately breaks down, everything is dysf
president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying...
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Nov 12, 2012
11/12
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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Nov 15, 2012
11/12
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. >> reporter: but john boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both sides is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the se
. >> reporter: but john boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of...
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Nov 16, 2012
11/12
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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Nov 19, 2012
11/12
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taxes increased and republicans know they'll get blamed for that and don't want it and, two, can john boehner rally a republicans who doesn't want to raise taxes? to that end it's unbelievable. the election was only 13 days ago. >> i know. >> there's been a lot of piling on mitt romney in those 13 days. i want to play something tea party republican senator had to say. this was at the federalist society about the election. let's play it. >> inevitably there are these mandarins in politics who give the voice don't show any contrast. don't rock the boat. so by the third debate, i'm pretty certain mitt romney actually french kissed barack obama. >> okay, let's put aside that image. >> yes. >> this suggests that, you know, these are the manndarins of politics, don't show any contrast, don't rock the boat,s so you have the ted cruzs of the world coming in and the boehners saying we node to caught deal on this, reform on immigration, talk about gay marriage. we need a reformation within the party. is that what the base of the party wants? and if they don't want that, if ted cruz is the voice for tha
taxes increased and republicans know they'll get blamed for that and don't want it and, two, can john boehner rally a republicans who doesn't want to raise taxes? to that end it's unbelievable. the election was only 13 days ago. >> i know. >> there's been a lot of piling on mitt romney in those 13 days. i want to play something tea party republican senator had to say. this was at the federalist society about the election. let's play it. >> inevitably there are these mandarins...
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Nov 14, 2012
11/12
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speaker boehner has said this. let's change the tax code. let's do something much broader base, lower those rates. a lot of folks are going to pay substantially more taxes because their special tax deductions will go away but we'll have a growth oriented tax system. >> congressman, i couldn't agree with you more, because we know the federal government spends $10 billion a day. the buffett rule, whatever you want to call it, maybe a week to two weeks of operating income for the government. i get that point. where will the other money come from? can you be specific? >> well, here's the reality. if you and i were to look at a chart and outside political rhetoric -- just put on our green eye shades and just be mathematicians. the problem is in the promises we made in entitlements, there's no money to pay for them. the medicare trust fund may only have a few years left and it's gone! because the incredible rate we're spending. if we do not hear the president talk about entitlements in that case he's just continuing his campaign of misinformation.
speaker boehner has said this. let's change the tax code. let's do something much broader base, lower those rates. a lot of folks are going to pay substantially more taxes because their special tax deductions will go away but we'll have a growth oriented tax system. >> congressman, i couldn't agree with you more, because we know the federal government spends $10 billion a day. the buffett rule, whatever you want to call it, maybe a week to two weeks of operating income for the government....
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Nov 20, 2012
11/12
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how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or opposing. >> 100 house republicans can oppose her but they don't have a vote. john mccain lost to president obama. he's more of an armed services guy than he is a foreign policy diplomacy guy. he called for bill clinton to go in but then was critical of hillary clinton going in. you know, i think a lot of people will say his politics are more personal than pragmatic. >> yet she is the top diplomat in the country. >> right. >> i want to talk because i can't resist 2016. i can't help myself. it's an addiction. >> why? >> you sound like my wife. chris christie hugely focused in the run up to the election after
how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or...